US EditionPrime Announces Selection of Ausenco to Lead PEA Study Work
- Prime Mining selected Ausenco Engineering Canada ULC to lead the Preliminary Economic Assessment study for the Los Reyes gold-silver project in Sinaloa, Mexico.
- Prime accelerated this decision after completing a robust initial de-risking program, including benchmarking capital and operating costs with Ausenco.
- The company plans a combined open pit and underground mining operation with a 5,000 tonne-per-day mill and targets resource extension across multiple areas.
- Prime CEO Scott Hicks announced that the company is moving forward at an increased pace with the evaluation of the Los Reyes Project’s economic viability.
- Prime aims to deliver the PEA by the end of Q3 2025, which will build upon extensive drilling, metallurgical testwork, and technical optimizations completed to date.
11 Articles
11 Articles
Cambridge Times
Prime Announces Selection of Ausenco to Lead PEA Study Work
VANCOUVER, British Columbia, May 27, 2025 (GLOBE NEWSWIRE) -- Prime Mining Corp. (“Prime” or the “Company”) (TSX: PRYM) (OTCQX: PRMNF) (Frankfurt: O4V3) announces that it has selected Ausenco Engineering Canada ULC (“Ausenco”) to lead the study work for a Preliminary…
Prime Mining Engages Ausenco for Los Reyes PEA Study
Prime Mining Corp. (TSXV: PRYM) has appointed Ausenco Engineering Canada ULC to lead the Preliminary Economic Assessment (PEA) for its wholly owned Los Reyes gold-silver project in Sinaloa, Mexico. The study aims to outline a high-return, low-capital, long-life operation, incorporating over 221,000m of drilling completed through the end of 2024 and extensive technical work conducted to date. Ausenco’s selection is based on its extensive experien…
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